When XSQUADS Tech dropped Scarfall 2.0 on October 7, 2025, the Indian gaming scene went wild. It racked up over a million downloads in just weeks, which is a great start. But is it actually making any cash?

They haven't shared their bank statements, but looking at Indian mobile market data, download numbers, and how players are spending, we can get a sense of how well the game's doing financially.

The Diwali Offer and October Earnings

Releasing the game right before the holidays was a smart move, letting Scarfall 2.0 take advantage of people spending more.

Estimated earnings for October 2025: ₹15 Lakh - ₹40 Lakh ($18,000 - $48,000 USD)

What helped: The Diwali Dhamaka Bundle (from the v1.0.1 update on October 11) and the first ScarPass.

The numbers: Usually, only about 0.5% to 1% of players in India buy stuff in games. With around a million active players, if just 5,000-10,000 bought the basic Premium Pass (around ₹250-₹400), they'd quickly make lakhs.

Where's the Money Coming From?

Unlike big international games that depend on whales (players who spend a lot), Scarfall 2.0 is making money from volume (lots of small purchases) and ads.

ScarPass (Season 1 & 2): This is their main source of income. The Vanraj Uprising pass in Season 2 seems to be doing better because of the improved skins.

Reward Ads: A good chunk of money for Indian games comes from players watching ads for free stuff. This probably makes up 30-40% of their total earnings.

Regional Pricing: They've priced items lower than games like BGMI or Free Fire to get budget gamers hooked, which means more sales but lower profits.

How Does It Stack Up? Success or Failure?

To know if these numbers are any good, we need to see how they compare to the Indian market.

Compared to BGMI/Free Fire: Those games earn Crores every month. Scarfall 2.0 is much smaller.

Compared to Other Indian Games: It's doing better than other Made in India games like FAU-G (when it launched) or Indus (during its beta). Staying near the top of the Top 25 Free Games list for a couple of months proves people are sticking with it, which is rare for new Indian shooters.

The Bottom Line: A Good Start, But Not a Cash Cow

Scarfall 2.0 is putting money back into the game right now. The ₹20-40 Lakh monthly income is okay, but it's likely going straight into server costs (which are pricey for battle royale games) and fixing bugs that players have reported.

The game is making money, but it's not printing it just yet. Whether it lasts depends on if players buy the Season 3 Pass once the new-game excitement dies down in December.